Published Jun 3, 2021
2 mins read
419 words
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Business
Entrepreneurship

How To Grow Your E-commerce Business?

Published Jun 3, 2021
2 mins read
419 words

omplete. Wholesale E- commerce marketplace

What is Wholesale E- commerce marketplace?

Wholesale E- commerce marketplace is an online platform where the wholesalers sell their varieties of products in bulk & at a discount. Wholesale suppliers & companies sell their products to a designated online marketplace in order to get new customers & sales. It is a B2B (business-to-business) model where wholesalers sell their products to customers in bulk and provide discount to other businesses. 

Must have key points in Wholesale E- commerce marketplace:

  1. Discounts & offers 
  2. Easy for Bulk ordering
  3. Reorder functionality
  4. Simple design & navigation
  5. Secure payment system
  6. Ratings & reviews

Don’t get confused in marketplace & platform…

There are some basic differences between the two. Although both are used to sell products online.

The online marketplace includes multiple retailers and shoppers, as they carry on selling goods/services directly to a previously defined customer base.

Whereas an e- commerce platform (website) is a e-store of a single seller where goods/services is owned by the website owner only.

What benefits one can get from Wholesale E- commerce marketplace:

  1. Continuous interaction with customers
  2. Direct- to-customer service
  3. Increase promotional techniques
  4. Avoids extra unnecessary costs
  5. Minimize searches

How to build an effective E-commerce wholesale marketplace:

1. Identify your needs

2. Research about your competitors

3. Analyze which products you want to sell

4. Decide mode of payment    

5. Analyze potential barriers

6. Complete order details must be given

7. Choose your e-commerce software wisely

8. Keep in mind your E-commerce platform goals

Some of these above mentioned challenges are really hard than others but its always good to identify them in advance so that you can prevent them from happening in future.

Things to keep in mind when starting a wholesale E-commerce Marketplace:

  1. Budget Friendly
  2. Payment Mode
  3. SEO & other marketing techniques should be kept in mind
  4. Filters and search Features

Examples of Wholesale E- commerce marketplace:

Here are some Top 10 E-commerce platforms for wholesalers:

  1. Alibaba.com
  2. Amazon business
  3. X Cart
  4. IndiaMart
  5. Made in China
  6. Global Sources
  7. DHGate
  8. eWorld Trade
  9. Tradekey
  10. Kinnek.com

Conclusion:  The world is growing digitally so each individual wants to get all things done in just one click and that too without stepping out anywhere. By creating an bulk e-commerce availability, you can attract more buyers and take your business to the peak point along with setting new standards for your business. Now finding the suppliers and buyers from different parts of the world is not an issue. Just make sure you know that what you need and pick the right decision.

#Online
#ecommerce
#wholesale
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